The price of gold has dropped by Rs 500 per tola in the domestic market on Wednesday. According to the Federation of Nepal Gold and Silver Dealers' Association, the yellow bullion is being traded at Rs 96, 200 per tola today. The yellow metal was traded at Rs 96, 700 per tola on Tuesday.

Meanwhile, tejabi gold is being traded at Rs 95, 700 per tola. It was traded at Rs 96, 200.

Similarly, the price of silver has dropped by Rs 10 and is being traded at Rs 1,210 per tola today.